Latest opinions that Brad Hyett has shared on Finextra

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Brad Hyett

CEO

phos

Member since

29 Jul 2020

Location

London

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Brad's opinions

Unleashing the Power of SoftPoS Solutions: A Path to Business Success

In today's rapidly evolving business landscape, maintaining a competitive edge is imperative for businesses of all sizes. One ground-breaking technology that has revolutionised the payment world is Software Point of Sale (SoftPoS). By embracing SoftPoS solutions, businesses can streamline their payment processes and eliminate the obstacles created...

03 October 2023 /payments Payments strategies 2015-2020-2030

Revamping Payments for Large Retailers through SoftPoS

SoftPoS, or Software Point of Sale, as it’s more commonly known, is a software solution that allows merchants to transform their NFC-enabled smartphone or tablet into a payment terminal. The technology is expected to reach much bigger heights following Apple’s announcement to deploy the technology on iOS, adding another 1.2 billion potential users...

19 May 2023

How has SoftPoS evolved throughout the years

With the help of SoftPoS, also referred to as "Tap to Pay" technology, retailers and vendors can transform phones and other mobile devices into contactless payment terminals. For smaller businesses, this means cost savings over traditional POS terminals, i.e. costly chip and pin machines. Meanwhile, larger retailers can rapidly increase...

15 March 2023 /payments Payments strategies 2015-2020-2030

Software PoS: What is it? And how does it work?

We’ve seen the evolution of payment technology thrive in the last two to three years, more than it has in a decade. . According to UK Finance’s Payment Markets Report, 83% of UK consumers now use contactless payments, with the shift in behaviours brought about by the pandemic showing no signs of reversing. With mobile payment technology flying the...

16 August 2022 /payments The future of Payments in Europe

The future of EPOS: How point of sale is transforming the customer experience

The events of the last 12 months have transformed the financial technology sector and catalysed a new wave of innovation that is revolutionising the way we pay, and get paid. From contactless payments to the rise of e-wallets, one area where this innovation is on clear display is electronic point of sale. EPOS technology is helping businesses both ...

02 March 2021 /payments /covid-19

Brexit and payments: The impact of a 'no deal' on the industry

At the time of writing, we are in the home stretch of the UK’s transition period with the European Union, with new rules for UK businesses that deal with Europe set to come into force on 1 January 2021. Given that the much-hyped “Brexodus” of companies from the UK has not materialised during the grace period, what are the real short term and long t...

04 November 2020 /payments /markets

The future of payments: merging loyalty schemes and mobile point of sale

One result of the pandemic has been the acceleration of the adoption of contactless forms of payment. First triggered by the fact that the virus could spread through the physical exchange of objects, the change was then consolidated by the need to implement social distancing within stores. The result is that consumers across all demographics have ...

06 October 2020 /payments /covid-19

The big cash crunch: three ways fintechs can help small businesses improve cash flow

As every small business knows, cash rules all, and a lack of it finishes SMEs more frequently than any other business challenge. But how can the fintech industry help to support small businesses secure their cash flow? Cash flow has always been the difference between survival and failure for businesses. Even before the COVID-19 crisis, research sho...

13 August 2020 /payments /covid-19